GAAP to Non-GAAP Costs and Expenses Reconciliation
11%
$77
Adjusted EBITDA
(in millions)
22%
$196
Q322
Q422
Adjusted EBITDA
24%
15%
4%
$27
Q123
$107
Q223
Adjusted EBITDA Margin %
$185
Q323
P
Note: Adjusted EBITDA is a non-GAAP financial measure. We define adjusted EBITDA as net income (loss) adjusted to exclude depreciation and amortization expense, share-based
compensation expense, interest income (expense), net, other income (expense), net, and provision for (benefit from) income taxes, restructuring charges, and non-cash charitable contributions.
For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the tables included in the Appendix at the end of this release.
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+139%
Adj. EBITDA Y/Y
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